Chiyoda Corporation
6366・Standard Market・Construction
Governance
The company is a company with an Audit and Supervisory Committee, with a Board of Directors comprising 12 members (including 5 outside directors). The monthly Board of Directors meeting decides and supervises important management matters, and an evaluation of the Board's effectiveness is conducted once a year using external consultants.
Risk Management
The Strategy & Risk Integration Division serves as the command center for the unified management of corporate risk and project risk. Geopolitical risk, cyberattacks, compliance, and other key items are managed, with BCP, BCM, and IT BCP established and operated.
Shareholder Returns
Common stock dividends remain suspended in FY2026 (ending March 2026) as well. The policy is to allocate the full distributable amount toward redemption of Class A preferred shares until all such shares are redeemed (targeted around end of June 2028). The company aims to resume common stock dividends after redemption is completed.
Dividend Policy
Until the full redemption of Class A preferred shares is completed, the entire distributable amount will be allocated to the redemption of Class A preferred shares, and no dividends will be paid on common stock. The company has discussed and reached agreement with preferred shareholders with a view to completing full redemption of Class A preferred shares by the end of June 2028. After redemption is completed, the company aims to resume common stock dividends as early as possible. Separately, on June 30, 2026, the company plans to acquire and cancel 110,400,000 Class A preferred shares (63.1% of the total number of issued Class A preferred shares) from Mitsubishi Corporation at ¥499.2 per share (total acquisition price of ¥55,111,680,000).
ESG
With TCFD support, the company has conducted 1.5°C and 4°C scenario analyses, setting targets of a 50% reduction in Scope 1 and 2 emissions by FY2030 (versus FY2024 levels) and net zero by FY2050. It is advancing human rights due diligence, has achieved a 100% e-learning completion rate, and has established a framework in which the Sustainability Committee reports KPIs to the Board of Directors.
Last updated: June 18, 2026